car purchase after repo

Discussion in 'Credit Talk' started by jeff6898, Nov 17, 2002.

  1. jeff6898

    jeff6898 Well-Known Member

    i will be filing chapter 7 next week and part of the chapter 7 will be a car i had repo'd about 2 months ago due to job lost and also my house. will i still be able to be financed for a car? or since the reo will still show on the credit report as included in bankruptcy does that ruin my chances? also what about a mortage down the road since i will show the trailer as same thing? finally got a decent job after months of unemployment and hope to get bsck on my feet and rebuild my credit and get a car
     
  2. charlieslex

    charlieslex Well-Known Member

    I was told by a repo expert (a friend that has had 5 or 6 cars repo'd) that after you get a car repo'd you can't get another financed for 6 months. That may not be true, but it is her history and expertise. Good luck! Charlie
     

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